Foot Locker, Inc. (NYSE:FL) Shares Acquired by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC grew its position in Foot Locker, Inc. (NYSE:FL - Free Report) by 16.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 664,802 shares of the athletic footwear retailer's stock after acquiring an additional 95,401 shares during the period. Schonfeld Strategic Advisors LLC owned about 0.70% of Foot Locker worth $14,466,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Northern Trust Corp raised its position in Foot Locker by 9.1% in the fourth quarter. Northern Trust Corp now owns 982,740 shares of the athletic footwear retailer's stock worth $21,384,000 after acquiring an additional 81,735 shares in the last quarter. Pingora Partners LLC purchased a new position in shares of Foot Locker in the 4th quarter valued at about $61,000. Price T Rowe Associates Inc. MD increased its holdings in shares of Foot Locker by 9.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 62,216 shares of the athletic footwear retailer's stock valued at $1,354,000 after purchasing an additional 5,593 shares in the last quarter. Stifel Financial Corp lifted its stake in shares of Foot Locker by 14.7% in the fourth quarter. Stifel Financial Corp now owns 1,029,855 shares of the athletic footwear retailer's stock valued at $22,410,000 after purchasing an additional 131,951 shares during the period. Finally, Tower Research Capital LLC TRC boosted its holdings in Foot Locker by 386.3% during the fourth quarter. Tower Research Capital LLC TRC now owns 23,836 shares of the athletic footwear retailer's stock worth $519,000 after buying an additional 18,935 shares in the last quarter.

Foot Locker Trading Up 4.6 %

Foot Locker stock traded up $0.57 during trading on Friday, hitting $13.00. The company's stock had a trading volume of 2,931,149 shares, compared to its average volume of 3,481,630. The stock's fifty day moving average is $14.29 and its 200 day moving average is $19.29. Foot Locker, Inc. has a 1-year low of $11.00 and a 1-year high of $33.94. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of -2.88, a P/E/G ratio of 0.53 and a beta of 1.41. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.45 and a current ratio of 1.67.

Foot Locker (NYSE:FL - Get Free Report) last posted its quarterly earnings data on Wednesday, March 5th. The athletic footwear retailer reported $0.86 EPS for the quarter, beating analysts' consensus estimates of $0.73 by $0.13. Foot Locker had a negative net margin of 5.24% and a positive return on equity of 2.91%. The company had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.32 billion. During the same quarter in the prior year, the company posted $0.38 EPS. The company's quarterly revenue was down 5.7% compared to the same quarter last year. As a group, equities research analysts predict that Foot Locker, Inc. will post 1.23 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. reduced their price target on shares of Foot Locker from $19.00 to $16.00 and set an "underweight" rating for the company in a research report on Monday, April 14th. Needham & Company LLC reaffirmed a "buy" rating and set a $24.00 price objective on shares of Foot Locker in a report on Wednesday, March 5th. UBS Group decreased their target price on Foot Locker from $22.00 to $21.00 and set a "neutral" rating on the stock in a research report on Thursday, March 6th. Evercore ISI dropped their price target on Foot Locker from $22.00 to $15.00 and set an "outperform" rating for the company in a research report on Friday, April 11th. Finally, Barclays set a $24.00 price target on Foot Locker in a research note on Wednesday, March 5th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Foot Locker presently has a consensus rating of "Hold" and a consensus price target of $21.38.

Foot Locker Profile

Foot Locker, Inc, through its subsidiaries, operates as a footwear and apparel retailer in North America, Europe, Australia, New Zealand, Asia, and the Middle East. Its brand portfolio includes Foot Locker, a brand comprising sneakers and apparel; Kids Foot Locker, which offers athletic footwear, apparel, and accessories for children; and Champs Sports that operates as a mall-based specialty athletic footwear and apparel retailer.